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Trading & Advisory CHF H41 (58) - Vontobel Holding AG

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rpVNMUSn^vQQ rpa RKNOR rkfqba=jbuf`^k=pq^qbp NRKMNKOMOM ODMMM _~~N ___ NNTKMRM NKTPT NNUKTUT OKSPS NOOKS SKPS<br />

rpdUSSSU^^NM rpa UKPTR q^j=`^mfq^i=P=fk` MPKMSKOMON OMMDMMM _=LGH NMRKORM PKUNR NMVKMSR TKRRN RVNKP RKUQ<br />

rpTSMVQO^uMN rpa SKUTR obmr_if`^=lofbkq=rordr^v OUKMVKOMOR N _~N ___J NPOKTRM MKVPS NPPKSUS PKTNU NUSKP VKNN<br />

rpVNMUSn^pTR rpa SKTRM rkfqba=jbuf`^k=pq^qbp OTKMVKOMPQ NDMMM _~~N ___ NPQKORM MKVPU NPRKNUU QKPOT ONSKP NOKRT<br />

rpVNMUSn^sMR rpa SKMRM rkfqba=jbuf`^k=pq^qbp NNKMNKOMQM ODMMM _~~N ___ NORKNRM OKNNU NOTKOSU QKQQV ONQKN NQKRT<br />

rpmTUSOU_nVN rpa SKRMM mbqoliblp=jbuf`^klp MOKMSKOMQN NMDMMM _~~N ___ NMQKMMM OKVTV NMSKVTV SKNVV OVPKS NOKQS<br />

upMNTMOPVVPO bro RKPTR rkfqba=jbuf`^k=pq^qbp NMKMSKOMNP NDMMM _~~N ___ NMQKRMM RKMPN NMVKRPN NKMVS JNKS NKMM<br />

upMNTPSMRPNN bro SKORM mbjbu=molg=cad=j^pqbo=qo MRKMUKOMNP NMDMMM _~~N ___ NMRKURM QKUUQ NNMKTPQ NKPSP QPKM NKNQ<br />

upMOOOMTSQQV bro QKORM rkfqba=jbuf`^k=pq^qbp NSKMSKOMNR NDMMM _~~N ___ NMUKSMM PKVMU NNOKRMU NKPTV QTKS OKUO<br />

upMQRSQTTRTU bro RKRMM mbqoliblp=jbuf`^klp MVKMNKOMNT RMDMMM _~~N ___ NNNKRMM NKVPV NNPKQPV OKUNV NSTKS QKMT<br />

upMRORVUOSRT bro QKORM rkfqba=jbuf`^k=pq^qbp NQKMTKOMNT NDMMM _~~N ___ NMUKTRM PKRUO NNOKPPO OKQOQ NNVKV QKRM<br />

upMQTPTUTUUQ bro VKSOR `bjbu=cfk^k`b=ii` NQKNOKOMNT RMDMMM _J VTKMMM QKMVN NMNKMVN NMKPPN UTVKN PKVT<br />

upMONPNMNMTP bro RKRMM mbjbu=molg=cad=j^pqbo=qo OQKMOKOMOR NMDMMM _~~N ___ NMQKVMM NKOQT NMSKNQT QKVTM OVMKS VKMP<br />

juk=mbpl<br />

upMRUPMRSSVN juk SKMMM fkqi=cfk^k`b=`lom OUKMNKOMNS NMDMMM ^~~ ^^^ NMQKSRS NKUMP NMSKQRV QKRVQ JVQKR PKOP<br />

`lm=`lilj_f^k=mbpl=E`mk=C=obabjmqflk=m^fa=fk=rpaF<br />

rpmVPTVo^_PR `lm UKPTR bjmobp^p=mr_if`=jbabiifk MNKMOKOMON OMDMMMDMMM _~~P NMTKSUR OKQPO NNMKNNT TKNQV SKMP<br />

_ê~ëáäá~å=ob^i=E`çìéçå=C=oÉÇÉãéíáçå=m~áÇ=áå=rpaF<br />

upMRVMUPURSM _oi NMKMMM i^katfoqp`eK=obkqbk_^kh NRKMUKOMNO RDMMM ^~~ ^^^ NMMKQMO NOKRMM NNOKVMO TKTQM MKOP<br />

upMSOMMUNMRU _oi VKMMM fkqi=_h=ob`lk=C=absbilm OUKMQKOMNQ RDMMM ^~~ ^^^ NMRKPVM MKQSU NMRKURU RKVTV NKTS<br />

upMSQMUVUVTU _oi NMKMMM _^knrb=p^co^=irubj_lrod MRKMNKOMNR PMMDMMM ___ NMSKRMM PKSST NNMKNST TKNTM OKOO<br />

rpMPROPq^vQT _oi VKTRM ^kebrpboJ_rp`e=fk_bs=tlo NTKNNKOMNR NMMDMMM ^P ^ NNOKRMM MKMMM NNOKRMM RKSUV OKUT<br />

rpQSRRSj^`SQ _oi NMKRMM fq^r=rkf_^k`l=eiad=p^Lhv OPKNNKOMNR NRMDMMM _~~N NNNKRNM RKMTR NNSKRUR SKSVN OKUP<br />

rpQUOQR^`bVN _oi SKUTR hct ORKMQKOMNS RDMMM ^~~É ^^^ NMNKRTM MKQNQ NMNKVUQ SKQMU PKPS<br />

upMTUNOUUQQP _oi TKMMM ptbafpe=bumloq=`obafq NMKMRKOMNS RDMMM NMMKOTM MKNPQ NMMKQMQ SKVNV PKPT<br />

rpdMQRTc^^RM _oi NMKORM ^o`lp=alo^alp=eliafkdp=f NPKMTKOMNS ORMDMMM _~O NMSKORM PKRPN NMVKTUN UKPVN PKMU<br />

rpMRVSQq^bVN _oi NMKORM _^k`l=p^co^=p^ MUKMUKOMNS PMMDMMM _~~N=LGJ NMVKTRM OKUNV NNOKRSV TKQRT PKNV<br />

rpSNTQTt^^TN _oi NNKRMM jlod^k=pq^kibv OOKNMKOMOM ORMDMMM ^O=LGJ ^J NMRKRMM MKTVV NMSKOVV NMKQSN RKMQ<br />

rpNMRTRS_qSS _oi UKRMM cba=obmr_if`=lc=_o^wfi MRKMNKOMOQ PRMDMMM _~~OÉ NMRKTRM MKQTO NMSKOOO TKTOP TKNT<br />

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rpNSUUSP^pTQ rpa RKRMM obmr_if`=lc=`efib NRKMNKOMNP NDMMM ^~P ^H NMPKSVR NKUSQ NMRKRRV JMKMUQ PMKV<br />

rpmPSVVm^bTN rpa UKMRM obmr_if`=lc=`lpq^=of`^ PNKMNKOMNP NDMMM _~~P __H NMQKRMM OKPVP NMSKUVP NKRQN NVSKO MKSV<br />

upMRQSRPVQUS rpa NNKTRM molsfk`f^=ab=_rbklp=^fob MRKNMKOMNR NMMDMMM _P _ UTKRMM NKPTN UUKUTN NSKTVV NQSMKT OKPR<br />

rpmVTQTR^cTP rpa RKTRM obmr_if`=lc=sbkbwrbi^ OSKMOKOMNS RMM _O _H UVKORM NKOVQ VMKRQQ VKOPT UNPKS PKNR<br />

rpNVRPOR_gPU rpa TKPTR obmr_if`=lc=`lilj_f^ OTKMNKOMNT NMMDMMM _~~P ___J NOQKTRM OKORP NOTKMMP NKUOP NMRKN QKMS<br />

ñëMTROPVQMUV rpa VKVRM `fqv=lc=_rbklp=^fobp MNKMPKOMNT OMMDMMM _O _ UUKMMM OKNRS VMKNRS NPKQUM NNQTKM PKQQ<br />

rpmTVNTN^_PN rpa NOKPTR molsfk`f^=ab=`loal_^ NTKMUKOMNT NMMDMMM _P _ UNKRMM PKMVQ UQKRVQ NUKMRT NQUUKO PKMV<br />

rpdUTPSN^^OS rpa UKMMM qbibjlsfi=cfkK=Ebi=p^is^aloF MNKNMKOMNT NMMDMMM _N NMQKNMM NKMOO NMRKNOO TKMQO SNPKU QKNM<br />

NQKMRKOMNO

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